ANZ Breakfree home loan package

+ This Comparison Rate is for a secured loan of $150,000 over 25 years. WARNING: This Comparison Rate applies only to the example given. The calculation of the Comparison Rate includes the ANZ Breakfree Package fee and standard discounts and fee waivers under ANZ Breakfree such as the Loan Approval Fee waiver. Different amounts and loan terms will result in different Comparison Rates. Early Repayment Costs are not included but may influence the cost of the loan if you make early or additional repayments.

ANZ Breakfree Package gives you more

ANZ Breakfree Package takes the hassle out of getting a better deal by putting your home loan, everyday and credit card accounts into one simple bundle.

Special offer

Give yourself more certainty: for a limited time you can fix your home loan rate^~ at a low 5.99% p.a for 3 years on an ANZ Breakfree Package^{^}

For a limited time the following discounts are available on Standard Variable Rates and Equity Manager:^{^}

To take advantage of these special offers, applications must be submitted between 6th February 2012 and 29th February 2012, and loan must be drawn by 31st August 2012.

Call us now 1800 461 447

ANZ Breakfree Package features

• Discounts on ANZ standard variable rates^{^} and ANZ fixed rates^{^}
• Have up to five home or residential investment loans without Loan Approval Fees or Loan Administration Charges¹
• $0 monthly account service fee on one ANZ One offset account²
• $0 annual credit card account fee³

Not only has ANZ been named Home Lender of the Year 11 times^#, we’ve been recognised as Mortgage Lender of the Year and Best Investor Lender at the Australian Lending Awards^## based on a survey of 6,000 customers and 500 independent brokers around Australia. So why spend hours searching for the right lender when independent experts have done the work for you?

Important Information

Breakfree Package eligibility criteria and fee apply.

* Rate effective from Monday 13 February 2012 on 3 year ANZ Fixed Rate loans taken under an ANZ Breakfree Package and utilising the current Breakfree special offer on ANZ Fixed Rate loans. Rates are subject to change prior to advance unless the rate is locked.

~ Fixed rate home loans aren’t for everyone. An ANZ Fixed Rate loan allows early or additional payments up to a set amount (the lesser of 5% of the loan amount at the start of the current fixed rate period or $5,000) each year of the fixed rate period. Early Repayment Costs may apply if you make changes to your loan or additional payments above the allowed amount. This cost can be very large and you should ask us for an estimate before making changes during the fixed rate period.

You should consider whether the ANZ Breakfree Package is appropriate for you. ANZ recommends that you read the Breakfree Terms and Conditions before acquiring the package.

^ Read the ANZ Breakfree Package Special Offer Terms and Conditions (PDF 188kB)

Read the ANZ Breakfree Terms and Conditions (PDF 408kB)

Overview

Important notices

You can begin with the following three specific ANZ products with the flexibility to add more at any time, so you can start enjoying a host of benefits and savings:

• an ANZ Home or Residential Investment Loan
• an ANZ Everyday Banking account
• an ANZ Credit Card account.

One of our dedicated home loan experts will help you build the right package to suit your needs.

Benefits of Standard Breakfree Package

Product Benefit Qualifier ANZ Standard Variable Rate Loans 0.50% p.a. interest rate discount Up to 0.60% p.a. interest rate discount Up to 0.70% p.a. interest rate discount   Individual lending $150,000-$249,999 Individual or combined lending $250,000-$699,999 Individual or combined lending $700,000 or greater ANZ Equity Manager 0.50% p.a. interest rate discount Up to 0.60% p.a. interest rate discount Up to 0.60% p.a. interest rate discount   Individual lending $150,000-$249,999 Individual or combined lending $250,000-$699,999 Individual or combined lending $700,000 or greater ANZ Standard Variable Rate Loans ANZ Fixed Rate Loans ANZ Equity Manager ANZ Money Saver Loans^^ ANZ Easy Start Loans^^ ^^ No longer offered Fees waived: Loan approval fee (up to five loans) Valuation administration fee (three waivers per package p.a.) Renegotiation fee (one waiver per package p.a.) Loan administration charge Credit facility fee   ANZ Variable Rate Personal Loan 0.50% p.a. interest rate discount No loan approval fee No loan administration charge   ANZ Car Loan No establishment fee   ANZ Access Advantage ANZ One No monthly account service fee Unlimited ANZ transactions (Non-ANZ ATM fees still apply)   ANZ Assured No credit facility fee Facility limit of $1,000 on either ANZ Access Advantage or ANZ One ANZ Progress Saver Bonus interest rate Rates depend on amount held in deposit Eligible ANZ credit cards ( Note: the Rewards Program Services Fee will still apply on applicable credit card accounts) No annual account fee No additional cardholder fee ANZ Platinum, ANZ Rewards Platinum and ANZ Frequent Flyer Platinum Any existing ANZ credit card can be added to the ANZ Breakfree package Telegraphic transfers and drafts 50% discount on the purchase fee for those sent overseas from an ANZ branch   ANZ Home Insurance ANZ Landlord Insurance 13 months cover for the price of 12 months in the first year of your policy   ANZ Mortgage Protection 10% premium discount   ANZ Car Insurance 5% premium discount in the first year of your policy   ANZ Health Insurance One month’s premium waived in your first year of joining ANZ Health Insurance 5% p.a. premium discount from the second year onwards New ANZ Health Insurance members only ANZ Margin Loan standard or diversified (also known as an ANZ Margin Lending facility) ANZ E*TRADE Share Investment Loan (also known as an ANZ Margin Lending Facility) 0.35% p.a. rate discount off standard variable rate Minimum loan amount of $20,000 for ANZ Margin Loan and ANZ E*TRADE Share Investment Loan Minimum loan amount of $5,000 for ANZ Margin Lending Regular Geared Savings Plan

How much could I save with ANZ Breakfree?

Here is an example of the savings you could enjoy with an ANZ Breakfree Package. What you actually save will depend on your specific package. This example does not take into account any special offers under Breakfree. Benefit Saving (year one) Saving (year two onwards) 0.60% p.a discount on $250,000 ANZ Standard Variable Rate Home Loan $1,500 $1,500 No loan approval fee on an ANZ Standard Variable Rate Home Loan $600   No monthly loan administration charge on an ANZ Standard Variable Rate Home Loan $60 $60 No monthly account service fee on an ANZ One offset account^ $120 $120 No annual account fee on an ANZ Frequent Flyer Platinum credit card $240 $240 Saving $2,520 $1,920 Less ANZ Breakfree annual fee -$375 -$375 p.a Total saving $2,145 $1,545 This table provides examples of savings which could be obtained on a particular mix of ANZ products under the ANZ Breakfree Package. This example is for illustrative purposes only and assumes the following: ANZ Standard Variable Home Loan interest rate discounted by 0.60%p.a interest only repayments minimum contracted repayments are made on scheduled repayment dates through the life of the Standard Variable Rate Home Loan no additional repayments made. This example does not include other fees that may be payable on the ANZ Standard Variable Rate Home Loan.

The ANZ Breakfree Package can also offer you:

• bonus interest on your ANZ Progress Saver account
• discounts on ANZ Home and Contents, Landlord, Income Protection and other selected ANZ Insurance products.

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It is important to consider the following with ANZ Breakfree: 

• Refer to the ANZ Breakfree Terms and Conditions for further details and eligibility requirements.
• Whilst there are no hidden or monthly ANZ account services fees on ANZ Access Advantage or ANZ One offset facility, non-ANZ ATM fees still apply.
• The Rewards Program Services Fee will still apply on applicable credit card accounts. ANZ Offset accounts can only be linked to certain loan types. Visit the ANZ Offset account page for further information.
• This web content does not take into account your personal needs and financial circumstances and you should consider whether it is appropriate for you. ANZ recommends you read the applicable Product Disclosure Statement, policy document, or terms and conditions, which are available by calling 13 13 14, TTY 1300 366 255 or visiting your local ANZ branch before acquiring a product.

Insurance

ANZ Home Insurance, ANZ Landlord Insurance and ANZ Car Insurance are co-issued by OnePath General Insurance Pty Limited ABN 56 072 892 365 AFSL 288160 (OnePath GI) and QBE Insurance (Australia) Limited ABN 78 003 191 035 AFSL 239545 (QBE). 

ANZ Health Insurance is issued by BUPA Australia Health Pty Ltd. ABN 50 003 098 655, a Registered Health Benefits organisation. 

ANZ Mortgage Protection is issued by OnePath Life Limited ABN 33 009 657 176 (OnePath Life) and QBE Insurance (Australia) Limited ABN 78 003 191 035 (QBE). OnePath Life insures the Life benefit; QBE insures the Disability benefit. OnePath Life is a wholly owned subsidiary of OnePath Australia Limited, ABN 60 000 000 779 (OnePath), which is wholly owned by ANZ. 

In arranging these insurances, ANZ is acting under an authority given to it by the insurers and in doing so is acting on behalf of the insurers and not as your agent. ANZ and its related corporations do not accept any liability for, or guarantee benefits, in respect of these insurance products except that OnePath Life guarantees payment of any life benefits specifically provided for under ANZ Mortgage Protection. 

For the purposes of calculating discounts on ANZ Car Insurance, bank and government charges may be excluded in calculating the amount of premiums.

Apply online for a loan under an ANZ Breakfree Package

Call 13 33 12

Visit your nearest branch and talk to one of our dedicated home loan experts.

Ways to apply for a home loan

• We come to you
• Visit an ANZ branch
• Apply online
• Download application form (PDF 448kB)

¹ ANZ will not charge a Loan Approval Fee or a Loan Administration Charge on up to five eligible home or residential investment lending accounts, which are linked to your ANZ Breakfree Package in accordance with the ANZ Breakfree Terms and Conditions, where those fees become due on or after the account becomes part of your ANZ Breakfree Package.

² The offset account under an ANZ Breakfree Package is an ANZ One account which can only be linked to ANZ Standard Variable Rate or ANZ 1 Year Fixed Rate Home or Residential Investment Loan (excludes Interest In Advance Fixed Rate Loans). The monthly account service fee is waived on one ANZ One offset account while the linked offset account and loan account are held under an ANZ Breakfree Package. Other fees and charges may apply to an ANZ One account. Please refer to ANZ Savings and Transaction Products Terms and Conditions and ANZ Personal Banking Account Fees and Charges for details.

³ The Annual Account Fee is waived on one eligible ANZ credit card account held under an ANZ Breakfree Package. The waiver only applies while the account is held under the package. A Rewards Program services fee of $55 and an annual Additional Cardholder Fee of $10 may apply.

# Money Magazine Home Lender of the Year Award 2010, 2008, 2007, 2006 and 2005, and AFR Smart Investor Magazine Home Lender of the Year Award 2005, 2004, 2002, 2001, 2000 and 1999.

## Australian Lending Awards, Mortgage Lender of the Year Award 2011 and Best Investor Lender Award 2011. The Australian Lending Awards is an independent initiative of The Adviser and specialist research and advisory firm RFI.

ANZ’s Home Loan range achieved 5 stars across all of CANSTAR’s mortgage rating profiles.

Australia and New Zealand Banking Group Limited (ANZ) ABN 11 005 357 522. Australian Credit Licence Number 234527.

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